By S. Zisimos
A new privatization fund unveiled by the leftist Greek government on Thursday will include various urban mass transit companies, the Athens Olympic Stadium (OAKA), national rail subsidiaries,…
An automatic spending cut mechanism abruptly added to a draft bill loaded with indirect tax increases stipulates “contingency” measures of between 900 million and 3.6 billion euros in case Greece…
Bank of Greece (BoG) Gov. Yannis Stournaras launched into a stinging attack on former Greek finance minister Yanis Varoufakis on Thursday evening, saying the flamboyant ex-minister’s “brave” negotiations with creditors…
The European Bank of Reconstruction and Development (EBRD) and Energean Oil & Gas have signed a loan agreement worth 75 million US dollars, part of a 200-million-dollar investment in the…
A missing EgyptAir passenger jet swerved 90 degrees to the left and then turned 360 degrees in a right direction before diving 22,000 feet and disappearing from Greek radar screens…
Greek authorities have located two large objects in a sea region south of the Aegean island of Karpathos, near the location where an EgyptAir passenger jet was last detected.
The…
By N. Bellos
Major differences between European institutions and the IMF over Greek debt relief are not expected to be overcome at the technocratic level, with only a political decision…
A front-loaded package of increases in indirect taxes as well as a once vilified automatic spending cut mechanism were included in the latest draft bill submitted to Parliament by the…
By Renate Neubäumer University of Landau
In the 15 years following Greece’s accession to the EU in January 1981, its economy grew by less than 1% per year and thus…
Fifteen Greece-based micro-brewers have sent Greek Prime Minister Alexis Tsipras a letter sharply criticizing recent tax hikes aimed directly at the brewing sector, where among others they charged that an…
Greek Prime Minister Alexis Tsipras will meet with Turkish President Tayyip Erdogan in Istanbul on May 23, the state-run news agency in Athens reported on Wednesday.
The meeting will come…
The Bulgarian government is reportedly ready to dig trenches and raise fences on its borders with Greece and Turkey in order to block Mideast refugees and would-be migrants from illegally…
The vice-chairman of the Bundestag’s CDU/CSU Parliamentary Group Michael Fuchs announced his intention to personally contribute to efforts at attracting more German investments to Greece, speaking during his meeting in…
Several high-profile professionals groups have called for a withdrawal of a relevant draft bill unveiling a new framework and measures for registering forestlands in the country’s still under-development land registry…
Domestic lender Eurobank returned to profitability after 17 consecutive quarters of posting losses, as it recorded 60 million euros in profits for Q1 2016 and an improvement on all economic…
ΑΕΚ Athens won the Greek Cup on Tuesday evening by downing rival Olympiacos Piraeus 1-2 before empty stands at Athens’ Olympic Stadium.
The trophy comes against the 2015-16 Greek first…
By N. Bellos
Completion of the now delayed first review of the Greek program (third bailout) and a possible agreement on Greek debt relief at next week’s Eurogroup meeting are…
By Anna Doga
A portfolio containing large business loans worth up to 1.2 billion euros will be managed by a new company to be jointly established by domestic lenders Alpha Bank and Eurobank in cooperation…
Greek shipowning interests are increasingly turning to auctions to acquire high-end used vessels, with Katsikis & Sigalas Ltd. recently purchasing a 2011-made kamsarmax bulker (“Archimedes”) for 14.6 million dollars. The…
Work commenced on Tuesday for the construction of the Trans Adriatic Pipeline (TAP) project, which is expected to transport Azeri natural gas through Greece and Albania to Italy via an…
Completion of the currently delayed first review of the Greek program (third bailout), which is expected this month, will set the stage for the second review in October 2016, with…
The Greek government has reportedly decided to implement a slightly watered down version of an automatic spending cut mechanism demanded by creditors in order to ensure that it meets memorandum-mandated…
Several main opposition New Democracy (ND) deputies have tabled a Parliament question over a case involving the alleged sexual harassment of female employees at the Venezuela embassy in 2013 by…
The coastal town of Pylos, in Greece’s extreme southwest, was added to a network of 28 seaplane destinations this week, with the site’s licensing awarded to the company, Water Airports,…
Roughly 240 billion euros, out of a total public debt of 321 billion euros, are at the center of various scenarios circulating this month in Athens, major European capitals and…
The finance ministry is reportedly ready to proceed with a tax regime aimed at the assets of so-called Undertakings for Collective Investment in Transferable Securities (UCITS) investment groups, as they…
By G. Paletsakis
A draft bill on legalizing undeclared incomes, expected to be submitted to Parliament in the coming period, does not include significant incentives for Greek citizens and taxpayers…
A ferry boat route will link the southern coastal city of Kalamata with the southwestern Aegean island of Kythira and Crete this summer, as Lane Sea Lines announced the route…
MSC Cruises is the latest company to base a cruise ship at the port of Piraeus, with the “MSC Orchestra” taking on passengers every Thursday at Greece’s largest port until…
The port of Thessaloniki has piqued the interest of Russian Railways, especially if combined with the upcoming privatization of the Greek rail operator Trainose and its rolling stock maintenance spin-off…
